524 Walnut StAudubonNJ08106
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Audubon at 524 Walnut St, Audubon, NJ, 08106 priced at $389,900 pairs $3,379/mo rent with $600/mo cash flow after a $1,908/mo payment. Total monthly income equals $3,379/mo, and annual cash flow comes to $7,203/yr on $129,252 invested. Return on cash invested is 25.48% in year one, and rental yield stands at 10.4% on a $389,900 basis. Equity gained on principal adds $2,516/yr, and 5% annual appreciation accumulates to $107,722 by year five. Five-year ROI measures 133.97% and total cumulative return in cash reaches $173,161. For financing, Ziffy Mortgage’s DSCR program evaluates $3,379/mo property income against a $1,908/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08106, Audubon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,277 (100%) |
| Owner Occupied HU | 2,849 (66.6%) |
| Renter Occupied HU | 1,275 (29.8%) |
| Vacant Housing Units | 153 ( 3.6%) |
| Median Home Value | $349,662 |
| Average Home Value | $383,121 |
Housing Distribution
Address Breakdown
Residential
4,224
Single Family
3,914
Multi-Family
310
Businesses
296
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Listed by: Theresa Vartebedian • Family Five Homes
Mls Name: Bright MLS
Mls ID: #NJCD2098766